What is Offer For Sale or OFS?
An Offer For Sale (OFS) allows the promoter of a company to sell their shares to institutional and retail investors.
In an OFS, the promoter approaches the stock exchange with details of the offer. Once the OFS window opens on the exchange, an investor can place bids to express their interest in buying shares of the company. Click here to know how to apply for an OFS and how the bidding process works.
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How to apply for Offer For Sale (OFS)?
Please follow below process to apply for Offer for sale (OFS). Through IIFL Mobile App: 1.Login to mobile app. 2.Click on Invest. 3.Click on Offer for sale and select the desired OFS you wish to buy. Through TT Web: 1. Login to ...
How is OFS different from normal market trading?
Unlike normal market trading, OFS is based on a bidding platform provided by the Exchange. All orders placed must be above the base price, also called as floor price set up by the company. Investors can bid for a single share and can even place ...
OFS option is availabe but OTB was not there?
OTB is a redirection available on EXE (clients only)
How to apply for Buy Back online ?
Login to our website https://markets.iiflcapital.com/home >> Market >> Offer to Buy (OTB) (Please Note: The POA has to be updated in your demat and trading account with IIFL Capital Services Ltd).
What can be done with client's delisted stocks?
Client shall not be able to do anything with the de-listed stocks unless the stock is listed again or announces an exit offer.